<PAGE>
Rule 424(b)(3)
File No. 333-38545
Pricing Supplement No. 21 Dated: August 27, 1998
(To Prospectus dated October 30, 1997
Prospectus Supplement dated November 17, 1997)
U.S. $2,500,000,000
Heller Financial, Inc.
Medium-Term Notes, Series H
(Registered Notes-Floating Rate)
Due From Nine Months to Thirty Years From Date of Issue
Principal Amount: $30,000,000 Issue Price: 100%
Original Issue Date: September 1, 1998 Stated Maturity Date: September 1, 2000
Form: [X] Book-Entry [ ] Certificated
Depositary: Depository Trust Company
Specified Currency: U.S. Dollars
(If other than U.S. Dollars, see attached)
Option to Receive Payments in Specified Currency: [ ] Yes [ ] No
(Applicable only if Specified Currency is other than U.S. Dollars)
Authorized Denominations:
(Applicable only if Specified Currency is other than U.S. Dollars)
Base Rate: [ ] Commercial Paper Rate [X] LIBOR [ ] Treasury Rate
[ ] Federal Funds Rate [ ] Prime Rate [ ] Other: Fixed
Interest Reset: Quarterly
Interest Payment Period: Quarterly
Interest Reset Dates: (If other than as specified in the Prospectus Supplement):
The 1st day of March, June, December and September, beginning December 1, 1998
up to but excluding the Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 1st day of March, June, December and September beginning
December 1, 1998 up to and including the Stated Maturity Date.
Interest Determination Date(s): Two London Banking Days prior to each Interest
Reset Date
<PAGE>
Rule 424(b)(3)
File No. 333-38545
Pricing Supplement No. 21
(To Prospectus dated October 30, 1997 Dated: August 27, 1998
Prospectus Supplement dated November 17, 1997)
Initial Interest Rate: 5.8875%
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.20% Spread Multiplier: N/A
Optional Redemption: [ ] Yes [X] No
Initial Redemption Date:
The Redemption Price shall initially be % of the principal amount of the
Note to be redeemed and shall decline at each anniversary of the Initial
Redemption Date by % of the principal amount to be redeemed until the
Redemption Price is 100% of such principal amount.
Optional Repayment: [ ] Yes [X] No
Optional Repayment Dates:
Optional Repayment Prices:
Repayment Provisions:
(If other than as specified in the Prospectus Supplement)
Discount Note: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period OID:
Calculation Agent: Heller Financial, Inc.
Exchange Rate Agent: N/A
Recognized Foreign Exchange Dealers: N/A
Discount or Commission: .09488%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO. 21
UNDER MTN-SERIES H PROGRAM: $1,733,000,000
b) CUSIP #42333HKD3
Agent: Chase Securities Inc.
270 Park Avenue
New York, New York 10017
